Refinanced at $2697/month- $2,480/month (cashflow from line above) = -$217/month for the remaining 6 mos. of the 1st yr                            after rehab                          Refinance Details: NOI of $49,644 (from above line of rent @ $800/mo) at a 7.4% cap = $670,865; 75% Bank Refinance of                                    $670,000 = $502,500                           $502,500 - $265,000 (Hard Money Loan) = $237,500 (this can pay the seller-owed amount of $284,674 down to $47,174 which                              equals ~2 years of payments of $1721/month)                                                        **Refinance is based conservatively at a 5% interest rate and at a 7.4% cap rate which is typical for the areaYear 2 Cashflow after Rehab and Refinance + Owner Finance Payments: -$217/month or -$2,604 annually (eat into Reserves to break even?)

Rather than a bursted damn flooding the market with inventory I foresee at best a small trickle of drops of inventory in slight upticks here and there, and headed towards something that resembles an equal balance between buyer & seller markets.

Usually you wouldn't have to "pay" them at close, the proceeds would get divvied up and you'd get you $20K proceeds (assuming 3 guys with equal shares.)Beyond that, you'd prob need some kind of agreement before close on how the funds are distributed. 

Most renters pay equal to one month of rent.

Flood zones can equal distressed properties. 

This new wave of let’s me equal and equality has taken its course in a total wrong direction and respect, common sense, listening and obeying the rules OUT THE WINDOW.

Equal split of total revenue $14,400- 3,200 expenses-1000 marketing = / 7 shares  ($10,200/7=$1,457 each) Please help if you can show experience in this area and possibly provide a sample contract, experience in this, and lessons learned, I can somehow repay you if I can use your contract draft to refine with an attorney!

I know overall it depends on what works for you financially...but if we keep all factors equal...and just consider the prices compared to their tax values....can we discuss the pros and cons of purchasing each of these houses over the other one?

It's about facts and figures and risks; you're not gonna be the one living there.At equal profitability, I'd put Riga and Tallinn (in whichever order) ahead of Vilnius.

However, it would be a 30 year fixed term so the monthly debt service may actually end up being equal to or better than lower rate, local bank options on 5 year balloons with 20 year am.